Here is the latest Langley condo market update for February, 2018
Average Sales Price:
$380,000 which is 30.8% greater year-over-year and 5.26% higher month-over-month
Number of Sales:
72 which is very similar to the 70 units sold in February 2017 and 15 units more than January
75 which is 16% fewer year-over-year and 10% greater month-over-month
Days on Market:
8 which is largely unchanged year-over-year and month-over-month
0.96 which is slightly higher year-over-year and month-over-month.
Langley condo prices continue to rise and inventory is low. It takes approximately one week on average to sell a condo in Langley. We are still very much a seller’s market.
We need more Langley Condo listings! In this seller's market, there may be a great opportunity to sell for top dollar. If you know of anyone that is considering selling a Langley condo, please give me a call with his or her name and phone number and I will be happy to provide a complimentary market evaluation.
Oh, by the way...I’m never too busy for your referrals!